Export of Gems and Jewellery from India

Export of Gems and Jewellery from India

India is one of the largest gems and jewellery exporters globally. Diamonds, gold ornaments, silver items and precious stones go from Indian markets to buyers abroad every year. Many traders ask a simple question how to start export of gems and jewellery business from India. The answer is clear. You need the right registration, legal documents and compliance with export laws. Without these steps the business cannot run smoothly

Why Choose Gems and Jewellery Export from India

India has strong traditions in jewellery making. The skills pass from one generation to the next. Cities like Surat, Jaipur, Mumbai and Delhi are global centres. Buyers trust Indian gems for quality and unique craft. The demand is steady in countries like USA, UAE, Hong Kong, and Europe.

For a new exporter, this industry offers huge scope. Government also supports the trade by schemes and councils. Exporters who join the formal system get access to fairs, exhibitions, and financial incentives. This makes the sector one of the most profitable export options.

Legal Framework for Exporting Jewellery

The export of gems and jewellery is regulated by the Directorate General of Foreign Trade (DGFT). A business must follow the Foreign Trade Policy of India. Exporters will need Gem and Jewellery Export Promotion Council (GJEPC) membership.

Customs rules also apply. Export shipments are checked under valuation guidelines. Every piece of jewellery must carry proper invoices and packing lists. For diamonds there are strict Kimberley Process requirements. Following these laws ensures your goods move without delays

First Step – Business Setup

Before you export you must set up a legal business. Most exporters in this sector register as Private Limited Company, LLP, Partnership Firm or Sole Proprietorship. A company form is often better as it builds credibility with overseas buyers.

You must also apply for a GST registration. This is required for invoices and tax compliance. In many cases, exporters also seek MSME registration to get government benefits. Having a proper business base gives you trust when you deal internationally.

Getting the Import Export Code (IEC)

The Import Export Code (IEC) is mandatory. Without IEC, no firm can export legally. It is issued by DGFT. The process is now online and simple. You need PAN, bank details, and company documents. Once IEC is granted, you can quote it on all export documents.

The IEC is permanent and it does not need to be renewed. It works as your identity in customs and international trade systems. This is the first license you must secure after forming the business.

Registering with GJEPC

The Gem and Jewellery Export Promotion Council (GJEPC) is the main body that represents exporters. Membership with GJEPC is compulsory for all traders in this industry. You get an RCMC (Registration Cum Membership Certificate) on joining.

GJEPC offers many benefits. Members can take part in exhibitions, buyer–seller meets, and global jewellery shows. The council also gives policy updates and guidance on compliance. In addition, exporters can access promotional schemes announced by the government.

Documents needed for GJEPC registration usually include:

• IEC certificate copy
• PAN card of firm
• GST registration
• Company incorporation papers
• Bank certificate
• Identity and address proof of directors or partners

Read More GEM Portal Registration

Compliance with Customs and Valuation Rules

Jewellery exports are sensitive because of high value. Customs officers check each shipment. Invoices must show purity, weight, and value. In the case of diamonds, grading certificates are required. All documents must be accurate to avoid disputes

You must also use authorised laboratories for certification of stones. If valuation mismatches are found, goods may be held back. Therefore, exporters must train their staff in customs rules and documentation

Logistics and Packaging Standards

The way you pack gems and jewellery is critical. Improper packaging can damage goods or raise suspicion at customs. Exporters often use tamper-proof boxes and sealed pouches. Insurance is another must, as these items are costly.

Transport should be through approved couriers, airlines, or cargo services that specialise in valuables. In most cases, exporters tie up with logistics companies that handle secure export cargo. Following packaging standards ensures your goods reach safely and your reputation grows.

Export Finance and Incentives

Jewellery export requires heavy investment. Gold, silver, and diamonds need upfront payment. For this reason, exporters can approach banks for export credit facilities. Pre-shipment Finance and Post-shipment Finance schemes are available.

Government also provides export incentives. Duty drawbacks, remission of duties, and interest equalisation schemes are a couple examples. GJEPC members get benefits easily. Proper financial planning is key to success in this business.

Conclusion 

Setting up a gems and jewellery export business in India is a matter of planning, compliance and industry contacts. Exporters are able to find a world wide market with good registration and good marketing.

Agile Regulatory assists companies at all levels. They assist exporters regarding IEC application, GJEPC registration, GST and even export documentation. Their instructions simplify the complicated process to be mistake-free. Agile Regulatory can make the difference between the success or failure of anyone who intends to export jewellery in India in 2025.